Rivian Automotive (NASDAQ:RIVN) Trading Up 10.7% on Analyst Upgrade

Shares of Rivian Automotive, Inc. (NASDAQ:RIVN) were up 10.7% during mid-day trading on Friday after Wedbush raised their price target on the stock from $16.00 to $25.00. Wedbush currently has an outperform rating on the stock. Rivian Automotive traded as high as $22.64 and last traded at $22.45. Approximately 104,561,472 shares were traded during trading, an increase of 166% from the average daily volume of 39,318,020 shares. The stock had previously closed at $20.28.

A number of other brokerages have also recently issued reports on RIVN. Baird R W upgraded Rivian Automotive from a “hold” rating to a “strong-buy” rating in a research note on Thursday. UBS Group raised their price target on Rivian Automotive from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Monday, October 6th. Cfra Research raised Rivian Automotive to a “moderate sell” rating in a research report on Thursday, October 2nd. Needham & Company LLC upped their price target on shares of Rivian Automotive from $14.00 to $23.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Finally, DA Davidson raised their price objective on shares of Rivian Automotive from $13.00 to $15.00 and gave the company a “neutral” rating in a research note on Tuesday, November 11th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, thirteen have issued a Hold rating and six have issued a Sell rating to the stock. According to MarketBeat.com, Rivian Automotive presently has a consensus rating of “Hold” and a consensus price target of $15.73.

Insider Buying and Selling

In other news, CFO Claire Mcdonough sold 8,039 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $18.00, for a total transaction of $144,702.00. Following the sale, the chief financial officer owned 730,017 shares of the company’s stock, valued at $13,140,306. This trade represents a 1.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Peter Krawiec sold 3,655 shares of Rivian Automotive stock in a transaction that occurred on Monday, December 15th. The stock was sold at an average price of $19.45, for a total transaction of $71,089.75. Following the completion of the sale, the director owned 29,122 shares of the company’s stock, valued at $566,422.90. This represents a 11.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 120,154 shares of company stock worth $2,017,909. 2.16% of the stock is owned by corporate insiders.

Rivian Automotive News Roundup

Here are the key news stories impacting Rivian Automotive this week:

• Positive Sentiment: Baird upgraded Rivian to Outperform / Strong‑Buy and raised its price target, citing the R2 SUV and autonomy roadmap as catalysts. Baird upgrades Rivian Automotive (RIVN)
• Positive Sentiment: Wedbush raised its 12‑month target to $25 (from $16) ahead of the R2 launch, boosting investor expectations for upside from new models and higher‑margin software/services. Rivian Stock Jumps Again — Wedbush Raises Target to $25 Ahead of R2 Launch
• Positive Sentiment: Multiple firms (Needham, Canaccord, Goldman among others) have reiterated or moved to more bullish stances after Rivian’s recent Autonomy & AI Day, reinforcing the narrative that the company’s software/AI roadmap is a material growth vector. Canaccord Maintains Buy on Rivian (RIVN) After Autonomy & AI Day
• Positive Sentiment: Rivian began rolling out its “Universal Hands‑Free” driving feature and continues to highlight autonomy/AI progress — tangible product developments that support higher long‑term software and services revenue expectations. Rivian rolls out new ‘Universal Hands-Free’ driving feature
• Positive Sentiment: Unusual options activity — a large purchase of call contracts — signals speculative/institutional interest betting on further upside near term. Rivian Stock Rides Momentum: What’s Going On With Shares Thursday?
• Neutral Sentiment: Analysts and commentary note Europe as a potential growth market (R2/R3, export dynamics), but launch timing and execution remain uncertain — positive opportunity but not immediate revenue. Is Europe Becoming Rivian’s Next Big Growth Opportunity?
• Negative Sentiment: Board change — former Patagonia CEO Rose Marcario resigned from Rivian’s board (SEC filing), a governance development that could concern some investors about board continuity. Former Patagonia CEO Rose Marcario resigns from Rivian’s board
• Negative Sentiment: An insider director (Peter Krawiec) sold ~3,655 shares recently; while the sale size is modest, insider selling is often viewed cautiously during strong rallies. Peter Krawiec Sells 3,655 Shares of Rivian Automotive (NASDAQ:RIVN) Stock

Hedge Funds Weigh In On Rivian Automotive

Hedge funds and other institutional investors have recently modified their holdings of the company. Allworth Financial LP lifted its holdings in shares of Rivian Automotive by 179.5% in the third quarter. Allworth Financial LP now owns 30,262 shares of the electric vehicle automaker’s stock worth $444,000 after buying an additional 19,434 shares in the last quarter. Swiss Life Asset Management Ltd increased its holdings in Rivian Automotive by 27.1% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 134,991 shares of the electric vehicle automaker’s stock valued at $1,982,000 after acquiring an additional 28,759 shares during the last quarter. CIBC Private Wealth Group LLC lifted its stake in Rivian Automotive by 47.7% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 22,018 shares of the electric vehicle automaker’s stock worth $323,000 after purchasing an additional 7,115 shares in the last quarter. Centaurus Financial Inc. purchased a new stake in Rivian Automotive in the 3rd quarter worth $110,000. Finally, Coldstream Capital Management Inc. boosted its holdings in shares of Rivian Automotive by 128.9% during the 3rd quarter. Coldstream Capital Management Inc. now owns 123,865 shares of the electric vehicle automaker’s stock valued at $1,818,000 after purchasing an additional 69,754 shares during the last quarter. 66.25% of the stock is owned by institutional investors.

Rivian Automotive Trading Up 10.7%

The company has a debt-to-equity ratio of 0.87, a current ratio of 2.71 and a quick ratio of 2.23. The stock has a 50-day moving average price of $15.59 and a two-hundred day moving average price of $14.23. The stock has a market cap of $27.52 billion, a PE ratio of -7.22 and a beta of 1.79.

Rivian Automotive (NASDAQ:RIVN) last posted its earnings results on Tuesday, November 4th. The electric vehicle automaker reported ($0.65) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.71) by $0.06. The firm had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.27 billion. Rivian Automotive had a negative net margin of 61.34% and a negative return on equity of 57.33%. The business’s quarterly revenue was up 78.3% on a year-over-year basis. During the same period in the previous year, the firm posted ($1.08) EPS. Sell-side analysts forecast that Rivian Automotive, Inc. will post -3.2 earnings per share for the current fiscal year.

About Rivian Automotive

Rivian Automotive, Inc is an American automotive technology company specializing in the design, development and manufacture of electric vehicles. The company is best known for its all-electric R1 platform, which underpins the R1T pickup truck and R1S sport utility vehicle. In addition to consumer products, Rivian has secured a significant commercial contract to produce electric delivery vans for a leading e-commerce provider, underscoring its capability to serve both retail and fleet customers.

Founded in 2009 by engineer and entrepreneur Robert “RJ” Scaringe, Rivian has grown from a research-focused startup into a publicly traded corporation.